The City of Tshwane has announced increases on utilities for the 2023/24 financial year. Images via Pixabay/bamboopics
City of Tshwane residents can expect an increase in their utility bills as a massive price hike for water and electricity is on the cards.
The City of Tshwane has announced increases on utilities for the 2023/24 financial year. Images via Pixabay/bamboopics
The City of Tshwane Municipality has proposed a whopping 18% tariff increase on electricity and a 9.2% increase on water.
Should the City’s draft budget for the 2023/24 financial year pass residents will have to once again dig a bit deeper into their pockets when paying for services including refuse collection and property rates by 1 July 2023.
Earlier in 2023, the National Energy Regulator of South Africa (NERSA) approved an 18.65% hike to Eskom’s direct customers which became effective from 1 April. The energy regulator also granted municipalities an 18.45% hike.
In the draft budget, the City has proposed the increases as follows:
ALSO READ: Tshwane: Here’s your updated load shedding schedule for Thursday
As of 1 July 2022 the tariffs were increased as follows:
Fines for illegal connections and electricity theft were also increased to R200 000 for individual or household accounts and R10 million for business accounts.